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Forex Trend Analysis Report

Prepared for you on Saturday, January 19, 2019.

US Dollar/Nepalese Rupee (FOREX:USDNPR)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_USDNPR
Open High Low USDNPR Price Change
113.42 113.42 113.42 113.42 0.00
Entry Signal

MarketClub’s Trade Triangles for USDNPR

long term down The long term trend has been DOWN since Dec 2nd, 2018 at 113.17

intermediate term up The intermediate term trend has been UP since Jan 13th, 2019 at 113.20

short term up The short term trend has been UP since Jan 10th, 2019 at 111.79

Smart Scan Analysis for USDNPR

Based on a pre-defined weighted trend formula for chart analysis, USDNPR scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for USDNPR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
113.42 113.42 113.42 113.42 0.00
Prev. Close Volume Bid Ask Time
113.42 111.94 114.90 2019-01-14 20:59:16
Want to analyze US Dollar/Nepalese Rupee USDNPR or another symbol? Try our Free Forex Trend Analysis Report.